Congress Wealth Management LLC DE Purchases 3,203 Shares of Enpro Inc. (NYSE:NPO)

Congress Wealth Management LLC DE lifted its position in shares of Enpro Inc. (NYSE:NPO) by 5.7% in the first quarter, HoldingsChannel.com reports. The firm owned 59,738 shares of the industrial products company’s stock after purchasing an additional 3,203 shares during the period. Congress Wealth Management LLC DE’s holdings in Enpro were worth $10,082,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NPO. Simplex Trading LLC raised its holdings in Enpro by 5,227.3% in the 4th quarter. Simplex Trading LLC now owns 1,172 shares of the industrial products company’s stock worth $183,000 after purchasing an additional 1,150 shares in the last quarter. Quadrant Capital Group LLC boosted its position in Enpro by 12.5% during the 4th quarter. Quadrant Capital Group LLC now owns 1,206 shares of the industrial products company’s stock valued at $189,000 after acquiring an additional 134 shares in the last quarter. Fulton Bank N.A. purchased a new position in shares of Enpro during the 1st quarter worth approximately $211,000. Mackenzie Financial Corp purchased a new position in shares of Enpro during the 4th quarter worth approximately $203,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new position in shares of Enpro in the 4th quarter valued at approximately $221,000. 98.31% of the stock is owned by institutional investors.

Enpro Trading Down 2.6 %

NYSE NPO opened at $141.73 on Tuesday. The firm has a market capitalization of $2.97 billion, a PE ratio of -1,012.28 and a beta of 1.43. The stock’s 50 day moving average is $148.57 and its 200 day moving average is $153.43. Enpro Inc. has a twelve month low of $106.08 and a twelve month high of $170.63. The company has a quick ratio of 1.77, a current ratio of 2.59 and a debt-to-equity ratio of 0.47.

Enpro (NYSE:NPO) last released its earnings results on Tuesday, May 7th. The industrial products company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.54 by $0.03. The firm had revenue of $257.50 million for the quarter, compared to the consensus estimate of $269.00 million. Enpro had a negative net margin of 0.26% and a positive return on equity of 9.17%. The company’s revenue was down 8.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.95 EPS. Research analysts forecast that Enpro Inc. will post 7.45 earnings per share for the current fiscal year.

Enpro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Wednesday, June 5th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Wednesday, June 5th. Enpro’s dividend payout ratio is -857.08%.

Enpro Company Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.